Additional resources

05.11.2015 - The probability of the Fed raising interest rates is rising

05.11.2015 - The probability of the Fed raising interest rates is rising

Currency
trading and the euro. The price of euro fell yesterday after the release of
strong statistics and statements by Fed chief Janet Yellen on a possible
increase in interest rates if macroeconomic indicators will meet expectations.
A strong incentive for a stronger dollar also has become data on a
non-production PMI in October, which rose to 59.1, compared with an expected
decline to 56.6. Today, the dynamics of trading will affect the European
Commission economic forecasts and statistics on retail sales in the Eurozone
(10:00 GMT), as well as the number of initial applications for unemployment
insurance in the US (13:30 GMT). Our medium-term outlook remains negative and
we are waiting for Friday's report on the US labor market, which strongly
influence the dynamics of trade in the near future.

Currency
trading and the British pound. The price of the British pound fell against the
strengthening of the US dollar, despite strong data on service PMI in the UK
that increased to 54.9, which is 0.5 better than expected. Today, the central
event of the day will be the publication of the quarterly report of the Bank of
England on inflation and the minutes of meetings of the Bank of England (12:00
GMT). Investors will hold back waiting for the important report on the US labor
market statistics and trade balance and industrial production of Great Britain.
Our medium-term outlook remains negative,

Currency
trading and the Japanese yen. The price of the Japanese yen declined due to
increased probability of the Fed raising interest rates in December and the
possible easing of monetary policy in Japan. The minutes of the previous
meeting of the Bank of Japan noted uncertainty about the future growth of the
Chinese economy. Following the recent decline of the yen, quotes will probably
stabilize in anticipation of statistics on unemployment in the US tomorrow. Our
medium-term outlook for the yen is a negative.

Currency
trading and the Australian dollar. The price of the Australian dollar continued
to fall after the speech of the head of the Reserve Bank of Australia Glen
Stevens on the possibility of further reduction in interest rates if necessary.
Previously, the growth of quotations of the national currency of Australia was supported
by the RBA rhetoric that points to an improved outlook for economic growth.
Tomorrow will be published the RBA’s report on monetary policy, but strong
price movement is expected after the release of data on the US labor market. We
expect falling prices in the medium term and recommend holding short positions.

Currency
trading and the New Zealand dollar. The price of the New Zealand dollar has
accelerated the fall yesterday due to the strengthening of the US dollar and today
after stabilization is likely to consolidate around current levels or show a
slight drop. Activity of investors will be deterred by the expectation of a
report on the US labor market, which will be released tomorrow. The weak
performance of the labor market and inflation in New Zealand stimulates RBNZ to
lower interest rates, which will be negatively displayed on the New Zealand
dollar in the medium term. We do not exclude correction of price, but recommend
to keep short positions.

PAMM accounts

Market Info

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’

LEGAL: ‘fxfinpro.com’ is a domain owned and operated by ‘PFX Financial Professionals Limited’, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840, having its principal place of business at 82 Nikou and Despina Pattichi Avenue, Maritania Court, Office 101, Kato Polemedia, 3070 Limassol, Cyprus. ‘PFX Financial Professionals Limited’ is regulated as a Cyprus Investment Firm (‘CIF’) by the Cyprus Securities and Exchange Commission (‘CySEC’) under license number 193/13. ‘PFX Financial Professionals Limited’ operates in accordance with the Markets in Financial Instruments Directive (‘MiFID’) of the European UnionRESTRICTED REGIONS: PFX Financial Professionals Limited does not provide services to citizens of the USA, Canada, Japan, Belgium, North Korea, or Iran

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’

LEGAL: ‘fxfinpro.com’ is a domain owned and operated by ‘PFX Financial Professionals Limited’, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840, having its principal place of business at 82 Nikou and Despina Pattichi Avenue, Maritania Court, Office 101, Kato Polemedia, 3070 Limassol, Cyprus. ‘PFX Financial Professionals Limited’ is regulated as a Cyprus Investment Firm (‘CIF’) by the Cyprus Securities and Exchange Commission (‘CySEC’) under license number 193/13. ‘PFX Financial Professionals Limited’ operates in accordance with the Markets in Financial Instruments Directive (‘MiFID’) of the European UnionRESTRICTED REGIONS: PFX Financial Professionals Limited does not provide services to citizens of the USA, Canada, Japan, Belgium, North Korea, or Iran

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.